Philadelphia, PA 19130,1839 POPLAR ST
Philadelphia, PA 19130,1839 POPLAR ST
Philadelphia, PA 19130,1839 POPLAR ST
$500,000
Est. payment /mo
$625,000
20.0%
Est.Price: ?

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2,675 SqFt
SOLD DATE : 03/22/2019

Key Details

Sold Price $500,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 2,675 sqft

Price per Sqft $186

Subdivision Francisville

MLS Listing ID 1008211086

Sold Date 03/22/19

HOA Y/N N

Originating Board TREND

Year Built 1923

Annual Tax Amount $4,127

Tax Year 2018

Lot Size 1,375 Sqft

Acres 0.03

Lot Dimensions 53X52

Property Description

Unique peninsula/corner mixed use restaurant/retail property with two apartments. Strategically located on a 5 street intersection, you can not plant a better retail flag in the heart of Francisville! Actual address is 1839-43 Poplar Street a.k.a Gin and Pop Grill/Bar. This 38 seat restaurant/bar was thoroughly renovated 2016-2017 with top of the line trade fixtures and equipment. Outside seating area can accomdate 45+ seats (see plan in documents), inside is approved for live entertainment. Main level features approximately 1200 square feet and was currently occupied by restaurant furnished with 2 bathrooms (one ADA compliant), multiple entries and a kitchen area. Basement provides ample storage for commercial use, all newer mechanicals and a walk in refrigerator box. 2nd floor features 2 apartments. One Studio with a small deck and a large 1 bed 1 bath apartment. Both units have been recently renovated to include updated kitchen, bathrooms, plumbing and electric, studio apartment could use a quick refreshing to get top dollar. Neighborhood is well established and is still exploding with growth! CMX-2 Zoning provides possible right to build additional floors or add roof decks to property. Note this is an asset sale only.. Real Estate and trade fixtures are included with sale. The business goodwill is not represented but is included. Pa liquor license available from previous business owner for additional fee. . This is a super location and a grand opportunity for an owner operator or absentee investor who is looking for additional passive rental income.

Location

State PA

County Philadelphia

Area 19130 (19130)

Zoning CMX-2

Rooms

Other Rooms Primary Bedroom

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Flooring Tile/Brick, Wood, Carpet, Vinyl

Fireplace N

Heat Source Natural Gas

Exterior

Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Cable TV Available, Under Ground, Above Ground

Waterfront N

Water Access N

Roof Type Flat

Accessibility None

Parking Type None

Garage N

Building

Building Description Other, Private Restrooms

Foundation Stone

Sewer Public Sewer

Water Public

Structure Type Other

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871601692

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Conventional, Other

Listing Terms Conventional, Other

Financing Conventional,Other

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Jonathan M Tori • Addison Real Estate Company Inc
Bought with Non Member • Non Subscribing Office

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Danielle Wateridge

Team Lead & Agent | License ID: 0225208883

+1(703) 639-8869

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